|
Statement of Operations (USD $)
|
3 Months Ended |
|
Jun. 30, 2012
|
Jun. 30, 2011
|
| Plant Operating Revenues: |
|
|
| Energy sales |
$ 1,193,185 |
$ 1,274,790 |
| Energy credit sales |
87,764 |
123,185 |
| Total plant operating revenues |
1,280,949 |
1,397,975 |
| Plant Operating Expenses: |
|
|
| Plant production expenses |
874,588 |
1,027,565 |
| Well repairs and maintenance |
354,126 |
1,480,706 |
| Total plant operating expenses |
1,228,714 |
2,508,271 |
| Net Gain (Loss) from Plant Operations |
52,235 |
(1,110,296) |
| Operating Expenses: |
|
|
| Corporate administration |
270,553 |
267,964 |
| Professional and management fees |
263,538 |
1,268,829 |
| Salaries and wages |
313,017 |
599,036 |
| Stock based compensation |
162,975 |
534,898 |
| Travel and promotion |
48,321 |
37,386 |
| Other plant expenses |
702,780 |
785,985 |
| Other operating expenses |
119,998 |
34,744 |
| Total operating expenses |
1,881,182 |
3,528,842 |
| Loss from Operations |
(1,828,947) |
(4,639,138) |
| Other Income (Loss): |
|
|
| Other income (expense) |
(68) |
0 |
| Interest income |
1,858 |
5,783 |
| Total other income |
1,790 |
5,783 |
| Net Loss Before Accumulated Change |
(1,827,157) |
(4,633,355) |
| Accumulated effect on prior period application of capitalization policy |
0 |
262,305 |
| Net Loss |
(1,827,157) |
(4,371,050) |
| Net loss attributable to the non-controlling interest |
896,287 |
2,030,026 |
| Net Loss Attributable to U.S. Geothermal Inc. |
(930,870) |
(2,341,024) |
| Other Comprehensive Income (Loss): |
|
|
| Unrealized gain (loss) on investment in equity securities |
(24,996) |
(67,789) |
| Comprehensive Loss Attributable to U.S. Geothermal Inc. |
$ (955,866) |
$ (2,408,813) |
| Basic And Diluted Net Loss Per Share Attributable to U.S. Geothermal Inc. |
$ (0.01) |
$ (0.03) |
| Weighted Average Number of Shares Outstanding for Basic and Diluted Calculations |
86,261,974 |
84,835,093 |